312 E 34th St
Lubbock, TX 79404
23 Beds
10 Baths
10,568 sqft (on 0.97 acres)
23 Beds
10 Baths
10,568 sqft
(on 0.97 acres)
Local Information
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Description
Investment Opportunity: Multi-Family Value-Add Portfolio Unlock the Potential of this Diamond in the Rough For the visionary investor, this multi-family package offers the rare chance to revitalize a unique property and create something truly impactful. Located at 312 E 34th, this assembly of homes is the definition of a "value-add" investment, offering immediate rental potential alongside significant long-term upside. Property Highlights: Five Individual 1-Bedroom Houses: These standalone units are nearly rent-ready. With minor finishing touches, they are projected to command between $600-$700 per month each, providing an immediate and steady starting cash flow. One Duplex: A versatile structure currently requiring rehab. Once restored, this duplex will significantly increase the door count and monthly yield of the portfolio. Large Sierra Trails Apartment Building: The centerpiece of the investment, this substantial building spans over 7,600 sq. ft. While it requires a more comprehensive renovation, its scale offers the greatest opportunity for equity growth and high-density rental income. The Opportunity: Offered at $250,000, this Sierra trails portfolio is perfect for an investor looking to build a "buy-and-hold" empire or a developer ready to execute a high-margin "BRRRR" strategy. Don't miss the chance to transform this unique collection of properties into a cornerstone of your portfolio. The footprint is established, the square footage is there, and the upside is waiting for the right buyer. Price: $285,000 Location: 312 E 34th Total Units: 5 Houses + 1 Duplex + 1 Large Apartment Building (18 doors)
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$27
Listed
73 days ago
Home Details for 312 E 34th St
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Beds & Baths Number of Bedrooms: 23Number of Bathrooms: 10Number of Bathrooms (full): 10 |
Dimensions and Layout Living Area: 10568 Square Feet |
Appliances & Utilities Utilities: Electricity Available, Sewer Connected, Water Available |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Electric |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Floors: Tile |
Security Security: See Remarks |
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Exterior Home Features Fencing: Chain Link |
Parking & Garage No Attached GarageHas Open ParkingParking: Shared Driveway |
Frontage Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 10568 Square Feet |
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Cumulative Days on Market: 58Days on Market: 73 |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: OtherNot a New Construction |
Property Information Condition: FixerParcel Number: R70294 |
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Price List Price: $285,000Price Per Sqft: $27 |
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MLS Status: Active |
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Direction & Address City: Lubbock |
School Information Elementary School: ErvinJr High / Middle School: Dunbar College Preparatory AcademyHigh School: EstacadoHigh School District: Lubbock ISD |
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Listing Agent Listing ID: 202603089 |
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Building Area Building Area: 10568 Square Meters |
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No HOA |
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Lot Area: 0.97 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Electricity, Water, Other |
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Mls Number: 202603089Above Grade Unfinished Area: 10568 |
Last check for updates: about 5 hours ago
Listing courtesy of Tomas Rodriguez TREC #0787075, (361) 816-3661
Southern Magnolia Real Estate
Source: LBMLS, MLS#202603089
Also Listed on LBMLS.
Price History for 312 E 34th St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/28/2026 | $285,000 | PriceChange | LBMLS #202603089 |
| 03/09/2026 | $250,000 | Listed For Sale | LBMLS #202603089 |
| 06/02/2025 | $510 | ListingRemoved | Zillow Rentals |
| 02/14/2025 | $510 | Listed For Rent | Zillow Rentals |
| 08/10/2021 | -- | Sold | EXIT Realty solds #1578185390279098127 |
| 06/24/2021 | $215,000 | Contingent | LBMLS #201907275 |
| 05/28/2021 | $215,000 | Listed For Sale | LBMLS #201907275 |
| 04/28/2021 | ListingRemoved | Exit Realty | |
| 04/27/2021 | $215,000 | Contingent | LBMLS #201907275 |
| 02/04/2021 | $215,000 | PendingToActive | LBMLS #201907275 |
| 01/14/2021 | $215,000 | Pending | Agent Provided |
| 01/08/2021 | $215,000 | Contingent | LBMLS #201907275 |
| 11/15/2019 | $215,000 | PriceChange | Agent Provided |
| 08/05/2019 | $225,000 | Listed For Sale | Agent Provided |
| 01/13/2016 | $650 | ListingRemoved | N/A |
| 12/14/2015 | $650 | Listed For Rent | N/A |
| 10/01/2014 | $310,000 | ListingRemoved | Agent Provided |
| 05/02/2014 | $310,000 | PriceChange | Agent Provided |
| 02/16/2014 | $285,000 | Listed For Sale | N/A |
| 07/23/2012 | $395,000 | ListingRemoved | N/A |
| 05/24/2012 | $395,000 | Listed For Sale | N/A |
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Comparable Sales for 312 E 34th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.43 | Multi-Family Home | - | 02/06/26 | 3 | 1 | 950 | |
1.55 | Multi-Family Home | - | 06/30/25 | 8 | 8 | 5,472 | |
0.94 | Multi-Family Home | - | 05/13/26 | 4 | 4 | 2,296 | |
0.82 | Multi-Family Home | - | 04/07/26 | 4 | 2 | 1,728 | |
0.82 | Multi-Family Home | - | 04/24/26 | 4 | 2 | 1,728 | |
2.22 | Multi-Family Home | - | 02/06/26 | 17 | 7 | 6,255 | |
0.89 | Multi-Family Home | - | 11/17/25 | 4 | 2 | 1,224 | |
1.29 | Multi-Family Home | - | 05/18/26 | 4 | 4 | 2,164 | |
1.45 | Multi-Family Home | - | 04/08/26 | 6 | 4 | 2,862 | |
1.30 | Multi-Family Home | - | 05/18/26 | 4 | 4 | 2,164 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
FOR SALELegendary Dreams Realty, Inc.
Assigned Schools
These are the assigned schools for 312 E 34th St.
- Estacado High School
- 9-12
- Public
- 783 Students
2/10GreatSchools RatingParent Rating AverageI am a past 2term president of the PTA, my son and I were very active with the school's community, along with Mr. Ken Wallace, Jerry Lee and Brenda; because they offered my son a place to belong and succeed, he is. now a God loving, God fearing member of our community in Roma, TX. Work with the teacher that posted that students are being "coddled", because we used to have very little turn over because our teachers were appreciated and respected. Do you still have the Medical Magnet Program?Other Review11y ago - Dunbar College Preparatory Academy
- 6-8
- Public
- 390 Students
2/10GreatSchools RatingParent Rating AverageThe teachers are sometimes disrespectful to children. I remember when I went there in 6th grade one of the teachers said "where's your dad" to a student who had lost their father, then continued to say "I have two jobs and don't need this job so I don't care if you report me". There has been a TON of vaping and fights and bullying at that school. Sometimes there was fights the teachers didn't know about. One girl would be constantly bullied and one time a bunch of kids in a class gathered around her pointing at her hair claiming to see lice and kept messing with her about that for a WHILE. Then she would get bullied about her shoes and her hair and just a lot of unnecessary things. Overall the kids in this school aren't respectful along with teachers, except for a few.Other Review3y ago - Harwell Elementary School
- PK-5
- Public
- 383 Students
4/10GreatSchools RatingParent Rating AverageN/AParent Review16y ago 
Check out schools near 312 E 34th St.
What Locals Say about Lubbock
At least 1517 Trulia users voted on each feature.
91 % Say car is needed
88 % Say there are sidewalks
86 % Say parking is easy
84 % Say it's dog friendly
82 % Say yards are well-kept
73 % Say there's holiday spirit
66 % Say kids play outside
63 % Say it's quiet
54 % Say people would walk alone at night
53 % Say streets are well-lit
47 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
40 % Say there's wildlife
39 % Say it's walkable to grocery stores
37 % Say it's walkable to restaurants
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Tomas Rodriguez, Southern Magnolia Real Estate
Agent Phone: (361) 816-3661
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
312 E 34th St, Lubbock, TX 79404 is a 23 bedroom, 10 bathroom, 10,568 sqft multi-family built in 1955. This property is currently available for sale and was listed by LBMLS on Mar 9, 2026. The MLS # for this home is MLS# 202603089.